GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Varex Imaging Corp (FRA:VI4) » Definitions » Enterprise Value

Varex Imaging (FRA:VI4) Enterprise Value : €849.7 Mil (As of Jun. 12, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Varex Imaging Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Varex Imaging's Enterprise Value is €849.7 Mil. Varex Imaging's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €42.8 Mil. Therefore, Varex Imaging's EV-to-EBIT ratio for today is 19.86.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Varex Imaging's Enterprise Value is €849.7 Mil. Varex Imaging's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €74.8 Mil. Therefore, Varex Imaging's EV-to-EBITDA ratio for today is 11.37.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Varex Imaging's Enterprise Value is €849.7 Mil. Varex Imaging's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €791.3 Mil. Therefore, Varex Imaging's EV-to-Revenue ratio for today is 1.07.


Varex Imaging Enterprise Value Historical Data

The historical data trend for Varex Imaging's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Varex Imaging Enterprise Value Chart

Varex Imaging Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,334.11 744.12 1,225.26 1,261.81 1,026.77

Varex Imaging Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,014.63 1,192.74 1,026.77 1,061.46 934.00

Competitive Comparison of Varex Imaging's Enterprise Value

For the Medical Devices subindustry, Varex Imaging's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Varex Imaging's Enterprise Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Varex Imaging's Enterprise Value falls into.



Varex Imaging Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Varex Imaging's Enterprise Value for the fiscal year that ended in Sep. 2023 is calculated as

Varex Imaging's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Varex Imaging  (FRA:VI4) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Varex Imaging's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=849.701/42.777
=19.86

Varex Imaging's current Enterprise Value is €849.7 Mil.
Varex Imaging's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €42.8 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Varex Imaging's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=849.701/74.757
=11.37

Varex Imaging's current Enterprise Value is €849.7 Mil.
Varex Imaging's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €74.8 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Varex Imaging's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=849.701/791.329
=1.07

Varex Imaging's current Enterprise Value is €849.7 Mil.
Varex Imaging's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €791.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Varex Imaging Enterprise Value Related Terms

Thank you for viewing the detailed overview of Varex Imaging's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Varex Imaging (FRA:VI4) Business Description

Traded in Other Exchanges
Address
1678 South Pioneer Road, Salt Lake City, UT, USA, 84104
Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys among others. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors and high voltage connectors among others. It has manufacturing, research, and development operation in the United States, Europe, Philippines and China, and sales and service operations throughout the world.

Varex Imaging (FRA:VI4) Headlines

No Headlines